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외환/환율 ➡️ 중립

Monetary policy in times of war

요약

My 2-month AUDNZD puts are just about worthless just one week in as the RBNZ went a bit rogue overnight. We live in an interesting and confusing time for central bank policy because it’s quite easy to argue hawkish or dovish, depending on your opinion on second-round effects from an oil shock.